Qatar’s spending on the 2022 World Cup will go up to $115bn between now and 2022, according to a new study by Standard Chartered.
The study says the spending will need to increase during 2013 following lower expenditure than expected in 2012, and added that many of the country’s infrastructure projects should begin later this year.
The government has already but out to tender a number of roads and sewerage development projects as part of a $20bn programme for the next five year.
The bank’s quarterly MENA report said: “In Q1-2013 we have seen positive signs related to Qatar’s spending commitments for FIFA 2022.
Read more: http://www.arabianbusiness.com/qatar-2022-world-cup-spending-hit-115bn-493476.html
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